?Wouldn't raising wages from? $10 per hour to? $15 per hour reduce? Walmart's profits? Why would they have adopted such a? policy?
What will be an ideal response?
No, the higher wage would not decrease profits if it motivates workers to work harder and be more productive.
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Bond prices and interest rates
A. are interrelated. B. have no relationship to one another. C. rise or fall in tandem. D. None of these choices.
If the desired reserve ratio is 10 percent and there is no currency drain, then a $100 increase in the monetary base leads the banking system to increase the quantity of money by
A) $1,000. B) $400. C) $900. D) $110. E) $1,100.
The major drawback of a binding price ceiling is: a. it causes a surplus
b. government regulations of this kind are difficult to enforce c. it causes a shortage. d. none of the above; there is no drawback.
For complementary goods, an increase in the price of one results in a decrease in demand for the others
Indicate whether the statement is true or false